When Wall Street starts using words like a “monster crypto rally,” one has clearly missed the boat on securing a sweet spot entry point. Nonetheless, if Bernstein’s latest projections pan out, the ongoing bullish cycle still has quite a bit of legroom to run, which bodes well for not only crypto sector heavyweights like Bitcoin but also the sector-exposed stocks such as Robinhood. ROBINHOOD $HOOD coverage initiated with $30 PT at Bernstein, citing a ‘Monster Crypto Cycle’ “We are initiating coverage on Robinhood (HOOD) with an Outperform rating (PT $30, 83% upside). The buy-side and sell-side alike, refuse to see […]
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